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The document is a Community Development District Addendum that modifies the Contract for Sale and Purchase between a Seller and Buyer regarding a property. It outlines the potential imposition of taxes and assessments by the Community Development District to cover public facility costs, specifies the responsibility of the Buyer for these charges, and details how annual assessments will be pro-rated at closing.

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What is the purpose of a CDD in Florida?

CDDs are similar to cities and counties, except that Special Districts are governmental agencies of local special-purpose government rather than general-purpose government. A CDD has limited special powers, that include funding, installing, operating and maintaining public infrastructure.

How many community development districts are in Florida?

Nearly 600 community development districts (CDD) have been established in Florida primarily for the purpose of financing infrastructure, such as roads, water, and sewer facilities, that the State of Florida, local counties, and local municipalities were unable or unwilling to finance and .

What is a CDD addendum in Florida?

Community Development District Addendum. The following disclosure is to be given for the initial sale of a parcel of real property or the initial sale of a residential unit after the establishment of a Community Development District (CDD) under Florida Statutes Ch.

What is the difference between CDD and HOA in Florida?

When this occurs, the HOA fee covers the maintenance and upkeep of the individual units and home sites whereas the CDD fee covers the upkeep and maintenance of the community infrastructure and community amenities. In 2025, typical CDD fees for Florida homeowners range from $200 - $300 per month.

What is a community development fee in Florida?

CDD stands for Community Development District, a fee homeowners in Florida must pay. It typically ranges between $120-$2000+ annually and is incorporated into your annual property tax bill and not paid separately like the HOA fees.

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